UK property asking prices see first June fall since 2009: Rightmove
LONDON: Asking prices for British houses and apartments fell in June, the first decline in the month since 2009, led by drops in the London area as wage growth slowed… Read more »
Monthly Archives: June 2017
South Korea tightens rules on housing market
By: Cynthia Kim SEOUL: South Korea said it will tighten loan limits for home buyers to 60 percent of property value from the current 70 percent in regions showing signs… Read more »
Sebi disposes of fraud trade charges against 9 in Unitech case
NEW DELHI (INDIA): Markets regulator Sebi has disposed of a case against nine entities for allegedly involving in fraudulent trading in the shares of Unitech Limited. The markets watchdog conducted… Read more »
Income Tax Department attaches assets in Misa Bharti benami land deal case
NEW DELHI (INDIA): The Income Tax Department has provisionally attached a few immovable properties in connection with its probe in the Rs 1,000 crore benami land deals and tax evasion… Read more »
Cabinet nod for setting up Rs 2000 crore startup fund by July-end
NEW DELHI (INDIA): The Union Cabinet is expected to approve setting up of a Rs 2,000-crore credit guarantee fund by July-end with a view to provide funding facilities to startups,… Read more »
HDFC to raise Rs 775 crore via debentures on a private placement basis
NEW DELHI (INDIA): Mortgage lender HDFC Ltd will raise Rs 775 crore by issuing bonds on private placement basisas part of arranging long term capital. The object of the issue… Read more »
China’s month-on-month home price growth remains robust in May
By: Yawen Chen | Ryan Woo BEIJING: Home prices levelled off in China’s biggest cities in May but continued to climb nationwide, indicating demand remains resilient despite a series of… Read more »
India, Asian Development Bank sign $275 million loan agreement for upgrading Urban Services in Madhya Pradesh
NEW DELHI (INDIA):The Asian Development Bank (ADB) and the Government of India signed a $275 million loan on 19th June, 2017 for improving urban services in 64 small towns in… Read more »
Sikka group raises Rs 230 crore to complete three housing projects in Noida
NEW DELHI (INDIA): Real estate company Sikka Group has raised Rs 230 crore from a leading Indian bank for three of its housing projects Sikka Karnam and Sikka Kaamna in Sector… Read more »
Uttar Pradesh government announces dissolution of Shia, Sunni waqf boards
LUCKNOW (INDIA): The Uttar Pradesh government has announced dissolving the Shia and Sunni waqf boards in the state in the wake of corruption charges against them. Chief Minister Yogi Adityanath… Read more »